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Armstrong Economics

ASIA: The major Asian stock markets had a green day today: NIKKEI 225 increased 584.65 points or 1.80% to 33,018.65 Shanghai increased 4.84 points or 0.15% to 3,233.67 Hang Seng increased 117.11 points or 0.60% to 19,521.42 ASX 200 increased 16.40 points or 0.23% to 7,138.90 Kospi increased 8.60 points or 0.33% to 2,637.95
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Armstrong Economics

ASIA: China's industrial output and retail sales growth in April fell short of expectations, indicating a loss of momentum in the economy at the beginning of the second quarter. This has increased pressure on policymakers to support the post-COVID recovery. The data also revealed a further decline in property investment, raising concerns about the outlook
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Armstrong Economics

ASIA: China's consumer inflation fell to an 18-month low, rising by 0.7% year-on-year in March, slower than the 1.0% gain in February, indicating weak demand. The producer price index fell 2.5% year-on-year, the fastest decline since June 2020, falling for the sixth consecutive month. Food price inflation, a key driver of CPI, slowed to
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Market Talk – March 14, 2023 | Armstrong Economics

ASIA: The major Asian stock markets had a negative day today: NIKKEI 225 decreased 610.92 points or -2.19% to 27,222.04 Shanghai decreased 23.38 points or -0.72% to 3,245.31 Hang Seng decreased 448.01 points or -2.27% to 19,247.96 ASX 200 decreased 99.90 points or -1.41% to 7,008.90 Kospi decreased 61.63 points or -2.56% to 2,348.97 SENSEX
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Market Talk – February 14, 2023 | Armstrong Economics

ASIA: The Agricultural Bank of China, one of the country's largest commercial lenders, has pledged stronger financial support for spring farming. The bank said it will strive to issue more than 160 billion yuan ($23.48 billion) in loans for spring farming preparations this year and will improve the efficiency of financial services. The financial
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